ChexSystems eXpress Accounts
EFD is delighted to announce the availability of ChexSystemsSM eXpress Accounts. Now banks and credit unions have access to one solution and one source for complete, end-to-end online account opening. Real time account opening delivers on the unspoken promise customers have come to expect from on-line activities - immediate gratification. It also reduces fraud, sets the table for appropriate cross-sell solutions and increases customer satisfaction.
ChexSystems eXpress Accounts fully automates the account opening/funding process and is the only solution that:
- Uses real-time customer identity verification to automate OFAC and Patriot Act compliance
- Fully integrates ChexSystemsSM best-in-class risk and fraud decision management tools for a real time and seamless customer experience
- Fully integrates the QualiFile® cross-sell tool set, allowing you to offer a multitude of ancillary financial products
- Provides real time verification of funds and account ownership, allowing your customers to complete the account opening transaction in a single session - significantly increasing the completion of online product applications
- Offers your customers the convenience of initial funding by ACH, debit card or credit card
- Leverages your brand for a unified customer experience
- Integrates with your core system for true straight-through processing
Through a strategic alliance with Andera, EFD provides a seamless, end-to-end online account opening solution to deliver the most robust online account opening solution available today.